Cost of Living in North Prairie, WI

With a cost of living index of 100, North Prairie, WI is right around the national average in cost. Living here is 0% cheaper than the national average and 21% above the Wisconsin state average of 79. North Prairie is a small community of 2,514 residents.

Housing costs are the biggest factor in North Prairie's cost of living. The median monthly rent is $1,117 (15% below the US median of $1,319), and the median home value sits at $396,800 (30% above the national median of $304,900). At current prices, the median home costs roughly 2.7x the median household income — well within traditional affordability guidelines.

The median household income in North Prairie is $148,780, which is 98% higher than the national median of $75,149. Residents spend roughly 9% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Everyday prices in the Milwaukee-Waukesha, WI (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.